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Shaftesbury Road, Preston Circus, Brighton BN1 - Image 1
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Shaftesbury Road, Preston Circus, Brighton BN1

South East

£475,000

Listed on 06/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1198 sqft

Description

This property, nestled in a charming tree-lined street, presents an excellent opportunity for those looking to invest in a home with considerable renovation potential. Having served as a licensed HMO for many years, it now requires updating but boasts spacious living areas and a generous 60 ft rear garden. The interior features two large reception rooms with high ceilings, a kitchen that opens onto a lower patio area, and access to the expansive garden via the shower room. The first floor includes two good-sized bedrooms alongside a separate WC and shower room. Notably, there is the potential to create even more space by considering side return or dormer extensions—subject to necessary building regulations and planning permissions. The third bedroom occupies the entire width of the upper floor, providing ample opportunity for creative improvements. Located conveniently close to Brighton Mainline station and local amenities, this home offers both lifestyle convenience and significant investment potential in a desirable area.

Investment Analysis

(BN1 area)

Below Market Value

This property is priced -20.8% below area average per sq ft

-20.8%
Potential saving
This Property
£396/sq ft
Area Average
£501/sq ft
Avg Rent (weekly)
£410
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£659,625
10% above area average per sq ft
Potential ROI
+23.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
64
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (BN1)

Area prices are stable by +1.2% over the last 12 months
3 year growth: -4.3%
5 year growth: +5.4%
Investment Disclaimer: Analysis based on BN1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Shaftesbury Road, Preston Circus, Brighton BN1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,794
Based on a loan of £356,250 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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